Australia Data On Tap For Thursday

Australia is scheduled to release a raft of data on Thursday, highlighting a busy day for Asia-Pacific economic activity. On tap are September trade figures, October manufacturing PMI results and commodity price data, plus Q3 import and export price data.

The trade balance is expected to show a surplus of A$1.70 billion, up from A$1.604 billion in August. The manufacturing PMI had a score of 59.0 in September.

The RBA's commodity price index fell 3.1 percent in September to a score of 115.7. Import prices are expected to add 1.0 percent on quarter, slowing from 3.2 percent in Q2, while export prices are tipped to rise 2.2 percent - accelerating from 1.9 percent in the three months prior.

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